Siwage Dharma Negara

Senior Fellow, ISEAS - Yusof Ishak Institute

Dr Siwage Dharma Negara is an ISEAS senior fellow, tbe co-coordinator of the institute's Indonesia Studies Programme, and the coordinator of the APEC Study Centre.

 

President Xi Jinping of China (left) is greeted by the President of the Indonesian Republic Joko Widodo during the formal welcome ceremony to mark the beginning of the G20 Summit on 15 November 2022 in Nusa Dua, Indonesia. (Leon Neal/Pool via Reuters)

Indonesian elites and the general public have different views of China

Presidents Xi Jinping and Joko Widodo witnessed the test "ride" of the Jakarta-Bandung High-Speed Rail (HSR) via livestream during Chinese President Xi's visit to Indonesia for the G20 Summit in Bali. Economic cooperation remain high on the cards of bilateral relations, but while China’s trade and investment in Indonesia have grown substantially since the early 2000s, the Indonesian public does not share Jakarta’s desire to wholeheartedly embrace Beijing.
Indonesian President Joko Widodo inspects an area that will be the site of the new capital city, during sunrise in Penajam Paser Utara regency, East Kalimantan province, Indonesia, 15 March 2022. (Courtesy of Agus Suparto/Indonesian Presidential Palace/Handout via Reuters)

Will China invest in Indonesia's new capital 'Nusantara'?

Amid fears of an increasing dependence on China being played up with regards to foreign investment for Indonesia's new capital in East Kalimantan, one must first ask if Indonesia offers an attractive enough proposition for Chinese (and other) investors, says Indonesian researcher Siwage Dharma Negara.